Wednesday, November 23, 2011

Chinese companies say Hemlock Semiconductor, other U.S. companies forcing others out of business

Global competition in the solar market is heating up. The only trouble? The U.S. and China are both accusing the other of flooding the others' market with polysilicon, the key component for solar cells, according to a report from Green Tech Solar. The U.S. Department of Commerce and the International Trade Commission in November opened a year-long investigation after one solar company claimed China was dumping solar panels into the U.S. below cost, the report said. China has launched a similar claim, saying the U.S. has been dumping polysilicon into China, forcing a number of Chinese companies out of business, and they said subsidies are partly to blame.

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